Three-Home Residential Investment
For Sale
$265,000
210 5th Street, Abbeville, LA 70510
MULTI_FAMILY - Abbeville, LA
Property Size1,041 SF
Price / SF$254.56
Days on Market97
Property Features for 210 5th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Elementary school
Call School Board
Middle school
Call School Board
High school
Call School Board
Elementary school district
Vermillion Parish
Middle school district
Vermillion Parish
High school district
Vermillion Parish
Directions
From Hwy 167 take a left onto Hwy 14. Then right onto State St. 5th St will be on your right.
Subdivision
V1
Standard status
Active
APN
Ra551850
Size
1,041 SF
Taxes and HOA fees
Tax Description
220 S Leonard St Abbeville LOT 12 & S 5 FT OF LOT 11 BLK 104 SOKOLOSKI ADD 2023002557 IMP 107 Murrel St Abbeville E/2 OF LOT 1 BLK 2 SUMMERS ADD 2022009343 IMP 210 5th St Abbeville LOT 15 BLK J F A GODCHAUX ADD 2023002040 IM
Legal Description
220 S Leonard St Abbeville LOT 12 & S 5 FT OF LOT 11 BLK 104 SOKOLOSKI ADD 2023002557 IMP 107 Murrel St Abbeville E/2 OF LOT 1 BLK 2 SUMMERS ADD 2022009343 IMP 210 5th St Abbeville LOT 15 BLK J F A GODCHAUX ADD 2023002040 IM
Utilities
Water source
Public
Building Details
Number of units
3
Roof type
Metal
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Cody Meaux · License #995711386
(337) 523-5702
Added: May 1
Changed: Jul 25
Last Checked: Aug 5 at 1:06AM
MLS# 2600003869
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a for-sale residential investment package consisting of three occupied homes: 210 5th Street, 220 S Leonard Street, and 107 Murrel. The 210 5th Street home is configured as a 2/1 and includes updated plumbing and plumbing fixtures, a newer water heater, a new refrigerator, and central A/C and heat. The 220 S Leonard Street home has updated gas lines and updated sewage lines. The 107 Murrel home has updated plumbing and gas lines, along with an updated stove and water heater.
The properties are described as being in Flood Zone X, with no flood insurance required. The package is presented by the seller as potentially purchasable as individual homes or together.
All three homes are currently occupied, with stated monthly rents of $750, $1,000, and $900, respectively. The offering is presented as an investment package.
The properties are described as being in Flood Zone X, with no flood insurance required. The package is presented by the seller as potentially purchasable as individual homes or together.
All three homes are currently occupied, with stated monthly rents of $750, $1,000, and $900, respectively. The offering is presented as an investment package.
Key Highlights
- 3‑home investment package with potential combined rental income of $31,800/yr
- 210 5th Street occupied at $750/mo: 2 bed/1 bath, updated plumbing & fixtures, newer water heater, new fridge, central A/C & heat
- 220 S Leonard St occupied at $1000/mo: updated gas lines and updated sewage lines
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.9k | $21.00 |
| − Vacancy | −$5.8k | −$5.59 |
| EGI | $16.0k | $15.41 |
| − OpEx | −$7.2k | −$6.94 |
| NOI | $8.8k | $8.48 |
1,041 SF · lease $21.00/SF/yr · vacancy 26.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$126.1K
$110.3K – $147.1K
NOI $8,825 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$246.1K
$215.4K – $287.2K
NOI $17,229 @ 7.0% cap · market cap 6.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
Explore this area
Business Placement
Demographics for 70510, LA
24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - For sale as a three-property package with occupied residences and updated mechanical and plumbing features.
Where is this single family property located?
The property is located at 210 5th Street Abbeville, LA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 3‑home investment package with potential combined rental income of $31,800/yr; 210 5th Street occupied at $750/mo: 2 bed/1 bath, updated plumbing & fixtures, newer water heater, new fridge, central A/C & heat; 220 S Leonard St occupied at $1000/mo: updated gas lines and updated sewage lines
